Moneycontrol Be a Pro
Get App
you are here: HomeNewsBusiness
Last Updated : Oct 30, 2017 10:40 PM IST | Source: PTI

Made part payment to Andhra Bank, in talks to settle rest:HDIL

Realty firm HDIL has partly repaid the outstanding loans to Andhra Bank and is in talks to settle the dues.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Realty firm HDIL has partly repaid the outstanding loans to Andhra Bank and is in talks to settle the dues.

The company said in a clarification to the BSE and NSE on reports that Andhra Bank has dragged HDIL before NCLT.

"The company is in discussion with the bank for settlement of its balance outstanding dues and in fact have made part payment of its balance dues and are awaiting their decision in the matter," the Mumbai-based developer said in the regulatory filing.

Close
"The application is neither admitted nor listed at the NCLT," it added.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Oct 30, 2017 10:40 pm
Loading...
Sections
Follow us on
Available On